Movers of the day

Tokens and coins that moved the most in the last 24 hours:

Top movers of the day are Covalent and NKN. Since morning Covalent has surged 32.32% and NKN 8.50% while DigixDAO has fallen by 11.26%. During the day most tokens and coins fell slightly nevertheless they ended in green. 2100NEWS DA Indexes ended up between 2.71% and 5.70%. 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization ended up 4.06%. Since morning Bitcoin has fallen by 1.22% while Ether stayed at the same level. Both of them ended up: Bitcoin 2.14% and Ether 14.66%.

Covalent (COVA)

2100NEWS ranking: 897, Micro cap, Index member: NWST1100, NWSMi500

COVA is a new paradigm for data to be used as capital. Data is quickly becoming the most important asset in the world, yet currently there is no infrastructure to control how it is used. COVA provides a unique solution to this dilemma and allows data owners to take advantage of the commodification of data.

Top movers of the day are ODEM and MonetaryUnit. Since midnight MonetaryUnit has surged 39.60% while ODEM has fallen 4.06$. At night the biggest move made DigixDAO which has surged 44.63%. Most tokens and coins started the day very optimistic. 2100NEWS DA Indexes which measure performance of different groups of tokens and coins rose between 3.43% and 5.97%. The biggest move up of 5.97% made the micro caps represented by 2100NEWS Digital Assets 500 MicroCap Index (NWSMi500). Our main 2100NEWS Digital Assets Total Index (NWST1100) which measures the performance of top 1100 crypto assets by market capitalization rose 4.65%. By increasing of 14.57% Ether also started the day very optimistic while Bitcoin rose 3.40%.

ODEM is an On-Demand Education Marketplace built on the Ethereum blockchain. The platform connects students, educators, and service providers where, together, they develop and engage in personal and group, in-person educational programs.

MonetaryUnit (MUE)

2100NEWS ranking: 508, Small cap, Index member: NWST1100, NWSS300

Launched in 2014, MonetaryUnit is a decentralized and open-source virtual currency that is a fork of Quark. The coin features special 8-way random hashing algorithm allowing the crypto to be mined with standard computers, rather than expensive ASIC platforms.

Digix brings a use case for the tokenization and documentation of physical assets to the customers by employing its Proof of Asset (PoA) ​protocol. Ethereum and the InterPlanetary Files System (IPFS) are used by the PoA protocol to trace an asset by employing its chain of custody, which enables for the open and public affirmation of an asset’s existence without a centralized database.